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Principles of Banking: Sample Questions and Answers
Principles of Banking: Sample Questions and Answers
BANKING
Sample Questions and
Multiple Choice
Answers
Question 1
Which of the following instruments is used by
public to directly lend to the Government?
(a) Bank Deposits
(b) Public Provident Fund
(c) T-Bills
(d) Certificates of Deposit
Answer 1: b
Question 2
Answer 2: a
Question 3
Certificates
of Deposits have to be of
a minimum value of
(a) Rupees 1 lakh
(b) Rupees 10 lakh
(c) Rupees 25 lakh
(d) Rupees 1 crore
Answer 3: a
Question 4
Commercial
Question 5
Commercial
Answer 5: a
Question 6
Question 7
A
Question 8
Indigenous
Question 9
a)
b)
c)
d)
Question 10
a)
b)
c)
d)
Question 11
a)
b)
c)
d)
Answer 11: c
Question 12
Mutual
Question 13
A
growth fund is
Question 14
ARCIL is an example of
(a) A financial institution
(b) A mutual fund
(c) An asset management company set
up to acquire NPAs of banks
(d) A discount and financing house
Answer 14: c